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Problem: Module 4 Textbook Problem 3 Learning Objective: 4-2 Calculate ratios for assessing a company's liquidity On June 30, Year 3, Walton Company's total current

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Problem: Module 4 Textbook Problem 3 Learning Objective: 4-2 Calculate ratios for assessing a company's liquidity On June 30, Year 3, Walton Company's total current assets were $497000 and its total current liabilities were $275,500. On July 1, Year 3, Walton issued a short term note to a bank for $38.200 cash Required o. Compute Walton's working capital before and after issuing the note b. Computer Walton's current ratio before and after issuing the noto (Round your answers to 2 decimal places.) 03 Before the transaction After the transaction Working capital Current ratio b

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